ABC and DEF are firms in the waste management business. Their EV/ EBITDA ratios, using estimates for next year's EBITDA, are 23 and 25, respectively. XYZ a comparable company has estimated EBITDA of $300 million next year, Debt of $200M, and cash of $10 million, and 100 million shares outstanding. What is value of one share of XYZ? a. $72.4 b $70.1 c. $69.9 d. $73.9

ABC and DEF are firms in the waste management business. Their EV/ EBITDA ratios, using estimates for next year's EBITDA, are 23 and 25, respectively. XYZ a comparable company has estimated EBITDA of $300 million next year, Debt of $200M, and cash of $10 million, and 100 million shares outstanding. What is value of one share of XYZ? a. $72.4 b $70.1 c. $69.9 d. $73.9

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 7P: Ace Industries has current assets equal to 3 million. The companys current ratio is 1.5, and its...

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